The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.
It stands at the intersection of traditional and decentralized finance and has been hailed as the next $1 billion project. To follow in the footsteps of Binance Coin (BNB) and potentially overtake Solana (SOL), it is a new project worth keeping on the radar, especially after crossing $5.9 million in presale.
DTX Exchange (DTX): The Best New Crypto to Invest in?
DTX Exchange’s (DTX) unique approach to trading puts it in contention for the next $1 billion crypto project. This, alongside its rapidly growing community of investors and traders, is a recipe for becoming one of this year’s breakout stars.
It recently got pre-listed on CoinMarketCap and its market debut inches closer after raising over $5.9 million in early funding. Moreover, a token is underpriced at $0.08 in the fourth ICO round, tipped to hit a $1 billion market cap after its highly anticipated launch.
With plenty of room for growth, industry experts believe it is the best presale to invest in. Given its impending transformation of the $10 billion global trading scene, it is primed for massive adoption and growth. Its hybrid trading platform will combine the best elements of CEX and DEX and bridge the gap between TradFi and DeFi. Tipped as the next Binance Coin (BNB) and with the potential to flip Solana (SOL), this is an altcoin worth betting on.
Binance Coin (BNB): Tipped to End the Year Above $1,000
Binance Coin (BNB) is the biggest exchange-based token, playing a key role in the crypto landscape. It powers Binance, the largest centralized crypto exchange and BNB Smart Chain. Some of its important use cases include payments and participation in launchpools and exclusive token sales.
It is having a remarkable year, up over 150% on the yearly charts—a jump from $228 to an all-time high of $720 in June. Its performance in the past 7 days has been equally impressive, as the BNB price touched $600.
On track to end the year on a good note, industry experts predict a yearly close above $1,000, placing Binance Coin (BNB) on the list of altcoins to watch. This puts it on retailers and institutional radars as one of the best coins to invest in.
Solana (SOL): 15% Uptick on the Weekly Chart
Solana (SOL) is another key player in the crypto space. It is a top-5 cryptocurrency and ranks behind only Ethereum and BNB on the altcoin list, underscoring its leading status. Besides its market dominance, its performance this year has been one of the biggest highlights.
The Solana price skyrocketed over 480% in the yearly timeframe. It registered an annual high of $200 during the March high, skyrocketing from $34. In the past 7 days, Solana (SOL) soared over 15%, changing hands above $175.
Tipped for a rally above $200 before year’s end, it is one of the best altcoins to invest in. Its widely adopted DeFi solutions and rapidly expanding ecosystem sets it up for massive growth, positioning it as a top crypto to invest in.
Conclusion
DTX Exchange (DTX), a novel exchange-based token at the crossroads between TradFi and DeFi is a bullish wave worth taking advantage of. Its unique approach to trading has drawn similarities with Binance Coin (BNB). Posed to overtake Solana (SOL), it is a compelling alternative to invest in at a low price of $0.08.
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